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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (3430)12/12/1997 3:15:00 AM
From: TraderGreg  Respond to of 11708
 
I have been totally unable to cut and paste the email and then successfully submit the response. The cut and paste works fine and when I submit, I keep gettiing disconnected. Summary of the rest of the TA by D. Elam:

VOLUME
Voume on upward moves exceeded 1MM shares per day six times, but downward moves had volumes less than 500,000 shares. Quick drop to 70 cents wiith less than 30,000 shares. Thiis suggests price is driftiing down wth shorting and lack of buying interest.

TECH INDIICATORS

At a price of .60, 3 primary indcators were overbought. Now, Stochastic is oversold, RSI is approaching oversold, and the MACD has retraced to neutral. This suggests a buying opportunity due to oversold condtions should be directly ahead,

End of Summary

We better be oversold is all I can say.

TG